Lawsuit Filed Against LJM Preservation and Growth Fund
From the Desk of Jim Eccleston at Eccleston Law LLC:
A lawsuit seeking class-action status has been filed in the U.S. District Court in Chicago against managers of U.S. mutual fund, LJM Preservation and Growth Fund (
According to the complaint, investors lost four-fifths of the value of the fund in early February, as the Dow Jones industrial average dropped nearly 1,600 points.
According to the mutual fund,
Eccleston Law is investigating. Retail investors who bought LJMAX through a financial advisor may have grounds to recover their losses.
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